Tag: web3bay

The DeFi space has seen its share of hacks. Now, the recent $5.8 million exploit of Loopscale is drawing a bright red circle around the critical issue of security. The Palumbo incident is worthy of greater scrutiny. It presents an opportunity to explore the inadequacies in the DeFi ecosystem and...

The crypto world's been buzzing. Bitcoin just flew over $75K, altcoins have been mooning, and brand new narratives started sweeping the news on a daily basis. If you were asleep at the wheel during the first wave of Bitcoin mania, fear not! The crypto train has yet to be derailed....

The cryptocurrency market is ever-changing, with new projects and technologies developing every day. For investors wanting to diversify their portfolios and get in on the next big thing, finding the best altcoins is key. In this article, we will take a look at seven promising altcoins that analysts believe will...

Loopscale, a decentralized finance (DeFi) protocol from Solana, was attacked this week to the tune of $1.2 million. The platform suffered a security breach that resulted in the direct loss of over $5.8 million. This incident represented a loss of about 12% of its Total Value Locked (TVL). This event...

Solana has been the talk of the crypto world. It has encountered some congestion hiccups on route. Enter Solaxy, a project looking to become Solana’s first-ever Layer-2 (L2) scaling solution. So what is Solaxy, and how might it change the course of the Solana meme coin arena? Let's dive in.What...

The cryptocurrency world is abuzz with excitement, especially when it comes to Ripple (XRP) and the company’s newly released stablecoin, RLUSD. Recent developments, including substantial RLUSD growth on Aave and significant XRP transfers, have sparked considerable interest and speculation about XRP's future price trajectory. This blog post unpacks these developments...

The world of cryptocurrency is a fast-moving landscape, where new tokens, platforms, and business models are being created every day. Staying informed about these developments can be a challenge, but podcasts like "Empire" offer a valuable resource for those seeking insights and analysis. A few weeks ago, the “Empire” podcast...

It’s an exciting time in the blockchain world! Perhaps one of the most exciting concepts on the horizon are these new modular blockchains. Modular blockchains change the game in how we process blockchain work. Rather than doing everything from consensus to data availability to execution in the same place, they...